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Universal Basic Income is Capitalism 2.0 | TimJRobinson
Universal Basic Income makes capitalism work for everybody. https://t.co/UGlCRx21zg
Johanna added
The means of funding UBI determine so much of its long-term impact. Each funding method carries a different set of properties, a unique host of alchemical interactions with socioeconomic incentives. Some promise to ’twist’ capitalist logic and pave a road to communism. Others may pit the minority class whose tax increases exceed their UBI against n... See more
Oshan Jarow • What is the Point of Universal Basic Income? - David Perell
Johanna added
universal basic income (the capitalist paradise) or universal basic services (the communist paradise).
Yuval Noah Harari • 21 Lessons for the 21st Century
No form of universal basic income can free us from capitalist exploitation, since only wage labor in the service of profit can generate the wealth that is distributed in the form of a UBI.
Martin Hägglund • This Life: Secular Faith and Spiritual Freedom
Capitalism began as a theory about how the economy functions. It was both descriptive and prescriptive – it offered an account of how money worked and promoted the idea that reinvesting profits in production leads to fast economic growth. But capitalism gradually became far more than just an economic doctrine. It now encompasses an ethic – a set of
... See moreYuval Noah Harari • Sapiens
Johanna added
Unlike Marx, Keynes viewed capitalism as inevitably shifting to greater abundance, this resulting from its ability to become ever more productive over time while reducing the demand for labour. In Economic Possibilities his claim was that this would translate to a shorter working week, with improvements in productivity as technology progressed bene
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